Buy Jeera Jun @ 19200 SL 19000 TGT 19500-19700. NCDEX - Kedia Advisory
Jeera
BUY JEERA JUN @ 19200 SL 19000 TGT 19500-19700. NCDEX
Observations
Jeera trading range for the day is 18710-19470.
Jeera dropped as fresh crop arrivals from key Rajasthan hubs have increased, effectively neutralizing the supply tightness.
Favorable weather conditions across North-West India allowed farmers to complete harvesting faster than expected, resulting in a "supply spike”.
Farmers are actively offloading stocks to generate liquidity for the upcoming Kharif planting season, adding continuous sell-side pressure.
In Unjha, a major spot market, the price ended at 19599.15 Rupees dropped by -0.45 percent.
Dhaniya
SELL DHANIYA JUN @ 13000 SL 13200 TGT 12800-12600. NCDEX
Observations
Dhaniya trading range for the day is 12770-13014.
Dhaniya gains as latest industry reports confirm a third consecutive year of declining production.
2026 output estimated at just 9.5–9.7 million bags, down from 11 million last year.
Carryover stocks have plummeted to 20–25 lakh bags, a significant drop from the 35–36 lakh bags held in 2025.
In Gondal, a major spot market, the price ended at 12859.35 Rupees dropped by -0.11 percent.
Daily Spices Update
SELL TURMERIC JUN @ 16300 SL 16500 TGT 16100-15950. NCDEX
Observations
Turmeric trading range for the day is 15852-16428.
Turmeric dropped as daily arrivals have accelerated, creating a temporary "supply glut" in local mandis.
Farmers are liquidating stocks more rapidly to raise liquidity for upcoming Kharif sowing expenses, increasing the immediate supply.
Increased arrivals of late-harvested, high-moisture turmeric have led to aggressive price discounting for "average" quality lots.
In Nizamabad, a major spot market, the price ended at 15778.35 Rupees dropped by -0.08 percent.
